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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (71083)6/15/2020 1:52:28 PM
From: Goose94Read Replies (2) of 202283
 
Canadian Apartment Properties REIT (CAR.UN-T) top pick from Barry Schwartz on BNN.ca Market Call Mon June 15th @ 1200ET

Shares of Canadian REITs have been hurt dramatically during this crisis as investors worry about the viability of commercial and office real estate. One thing is certain: you have to live somewhere. As a result, Canadian Apartment REIT is well positioned as the largest apartment landlord in the country, with a focus on reasonably priced rental units in Toronto, Vancouver, and Montreal. We remain bullish on the long-term fundamentals of multi-family real estate in these three cities due to supply shortages and immigration growth and think shares are attractive, with a 2.9 per cent distribution yield.
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